CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jul. 31, 2022	Oct. 31, 2021
Current Assets
Cash and Cash Equivalents	$ 850,344	$ 613,530
Short-term Marketable Securities	18,314	21,162
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,500 at July 31, 2022, and $4,033 at October 31, 2021)	802,850	895,719
Inventories	1,679,179	1,369,198
Taxes Receivable	7,733	8,293
Prepaid Expenses and Other Current Assets	45,063	39,914
Total Current Assets	3,403,484	2,947,816
Goodwill	4,929,337	4,929,102
Other Intangibles	1,808,235	1,822,273
Pension Assets	311,157	289,096
Investments In and Receivables from Affiliates	277,727	299,019
Other Assets	292,412	299,907
Property, Plant and Equipment
Land	74,274	72,133
Buildings	1,392,584	1,332,881
Equipment	2,554,146	2,415,063
Construction in Progress	238,690	316,455
Less: Allowance for Depreciation	(2,141,628)	(2,027,414)
Net Property, Plant and Equipment	2,118,067	2,109,117
Total Assets	13,140,418	12,696,329
Current Liabilities
Accounts Payable and Accrued Expenses	799,202	844,502
Accrued Marketing Expenses	131,495	114,746
Employee Related Expenses	248,551	269,327
Interest and Dividends Payable	167,534	154,803
Taxes Payable	64,311	23,520
Current Maturities of Long-term Debt	8,807	8,756
Total Current Liabilities	1,419,899	1,415,654
Long-term Debt Less Current Maturities	3,294,287	3,315,147
Pension and Post-retirement Benefits	551,458	546,362
Other Long-term Liabilities	153,773	162,623
Deferred Income Taxes	354,053	278,183
Shareholders' Investment
Preferred Stock	0	0
Additional Paid-in Capital	459,272	360,336
Accumulated Other Comprehensive Loss	(282,574)	(277,269)
Retained Earnings	7,176,977	6,881,870
Hormel Foods Corporation Shareholders' Investment	7,361,676	6,972,883
Noncontrolling Interest	5,272	5,478
Total Shareholders' Investment	7,366,948	6,978,360
Total Liabilities and Shareholders' Investment	13,140,418	12,696,329
Common Stock Non-Voting
Shareholders' Investment
Common Stock	0	0
Common Stock
Shareholders' Investment
Common Stock	$ 8,001	$ 7,946